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November 11, 2011 04:02 am GMT

Keen On Peter Bell: Yes, Silicon Valley is a Natural Meritocracy (TCTV)

PeterBellI couldnt resist it. When I bumped into Highland Capital General Partner Peter Bell at Fast Companys Innovation Uncensored event last week, I had to slip in a question about the equality of opportunity in Silicon Valley. Bell, who is based in Menlo Park, didnt shy away from this tricky issue. Totally," he replied, Silicon Valley is a natural meritocracy.Unlike many more buttoned-down VCs, Bell was refreshingly frank in all his opinions. Describing Facebook as a juggernaut," he believes it is unstoppable in the short-term. He sees Google as being behind on social media and argued that it needs to innovate to become a real player in the social space. And while acknowledging that he sees a lot of crap in the social space, he is optimistic about social applications in the enterprise, arguing that we are still in spring training when it comes to opportunities here.

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